CryptoPunks is probably familiar to almost everyone interested in the topic of NFT on the Ethereum network. These 8-bit images in various combinations after several years are now worth millions of dollars which resulted in the popularization of ERC-721 tokens and huge popularity in the media. Today we have Punks on Hive, what fate awaits them?
Punks on Hive is a simple looking site where we can Mint our own Punks. The current price is 20 HIVE and it will only last during Hivefest, after that the price will be 25 HIVE. There is also a Gallery tab where we can preview our Punks and a Market tab where we can buy existing Punks. Punks on Hive are NFTs that exist in the Hive Engine ecosystem, each Punk is unique and has its own ID and rarity score. Rarity score is a measure of how rare a particular Punk is. The higher this score is, the more rare and likely more valuable a given Punk is. It is calculated based on the rarity of a particular Punk's attributes compared to the rest of the Punk. It is important to note that the rarity is calculated with every new generated Punk.
Punk will be able to be sold and auctioned. This could make them an interesting concept for speculation or simply a measure of value. Just take a look at the original Crypto Punks, those are worth a fortune... Remember that the decision to generate a Punk is yours.
I personally have purchased one Punk and am waiting to see it in my collection. Depending on what kind of Punk it will be I will decide if I want to have some more of these NFTs or not. I like such curiosities and NFT as a technology so I am very curious how this project will develop.
And you, have you already bought your Punk? Or are you not interested in this topic at all and would rather buy something from Splinterlands for example?
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Thank you and until the next time, Nervi.